- The Supreme Court ruling from earlier this year where the preferred stock of Fannie and Freddie dropped 70% said that a President statement would be relevant in proving constitutional harm.
- Prior President of the United States has now written a letter that has been published that is the public statement that alleges harm.
- The perception of the Collins case is rapidly moving from an incredibly longshot to a decent argument and the price of the preferreds is beginning to reflect the sentiment change.
For further details see:
Trump's Letter Is Great For Collins Vs. Yellen GSE Legal Claims